Notice Regarding Adjustment to Flash Memory Production

Kioxia Corporation announced production adjustments at its Yokkaichi and Kitakami flash memory plants. The company will reduce its wafer start production volume by approximately 30 percent, starting from October this year.

By adjusting production in line with current market conditions, Kioxia will better manage production and sales. The company will continue to review and adjust operations as needed.

Kioxia will continue to lead in new product development and target sustainable long-term growth, as the company remains confident in the medium to long term growth outlook for the flash memory market.